Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : PIONEER NATURAL RES. (PXD) -- Ignore unavailable to you. Want to Upgrade?

To: Noel who wrote (128)	1/5/1998 5:17:00 PM
From: Pierre	Read Replies (1) \| Respond to of 233

As I sit here shivering in my t-shirt and hoping for a cold winter I decided to see if there was anyone on the thread left standing. Oh yeah, and who was it got huffy when reservations were expressed over lady Rainwater taking the helm? What was that, about 15 points back, or so? I have noticed heavy insider buying of late - except for the T-Boner who continues to sell (sexist pig, no doubt). Any thoughts? Also, has anyone ploughed through the 8-K yet? Looks ugly at first glance but reading those things is not my forte'. Happy new year. Pierre

To: Noel who wrote (128)	1/30/1998 2:35:00 PM
From: GlobalMarine	Read Replies (1) \| Respond to of 233

Noel: I'm sorry that PXD didn't work out for you. I had sat on the sidelines because even on a generous PE ratio, the stock seemed overvalued to me. The First Call estimated 1998 EPS is now a four cent loss. Ninety days ago, that estimate was a profit of 52 cents. Looking at the stock chart, it looks like a one-way ride down still. Given the Aian meltdown as well as possible trouble from Europe fixing currencies this year, I don't think it's time jump in. I think we'll have to wait for a bottoming of energy prices first. Rand